France-based Valeo, an automotive component specialist, inaugurated last 3rd May a new manufacturing facility in Tanger Automotive City (TAC), Morocco.

The company latest investment is set on a total land of 137 000m², which 40.000 sqm already has been productive since 2017, producing lighting system. The second phase already began last May 2019 and will be dedicated to thermic system production along with conducting aid system.